Recovery Officer at Finatrust MicroFinance Bank - 13 Openings

Fina Trust Microfinance Bank, a member of LOLC Group with corporate Head Office in Colombo - Sri Lanka, is one of Nigeria’s foremost Microfinance Banks. Its operating license was secured from the Central Bank of Nigeria (CBN) in September 2009 as a Microfinance Bank. Fina Trust Microfinance Bank has built a resounding success on excellent service delivery in a uniquely customer friendly environment through professional staff, leveraging on world-class technology. A continuous investment in information technology and in people sets the bank apart from others.

We are recruiting to fill the position below:

Job Title: Recovery Officer

Locations: Oyingbo, Tradefair, Oshodi, Lagos Island, Idumota, Ajah, Ikeja, Mushin, Ladipo, Egbeda, Agege, Mile 12, Ikorodu - Lagos
Employment Type: Full-time

Job Objective

• To perform diligently the cash office function that would enhance the financial control environment of the organization whilst contributing to add value and exceeding customer expectations.

Responsibilities

• Follow up with past due obligations as allocated by the Head of Recovery
• Providing Feedback to the head of the recovery on loan delinquency issues
• Critical review on allocated portfolio and propose workout strategies toward repayment
• Assisting the Head of Recovery on day-to-day operations
• A regular visit to defaulting facility holders until liquidated
• Conducting intelligent survey and investigation of suspected portfolio
• Monitoring of ongoing facilities and notifying credit officers on credit status in terms of expired facilities and maturing dates
• Verification of customers' details and addresses for record keeping purposes to ease recovery in the event of default.
• Prepare required reports and information as specified by the superior.

Secondary Responsibilities

• Attend to additional official duties which is not mentioned above and assigned by the management time to time, in line with the business, procedures, policies, guidelines and practices of the Company.
• Safeguard the confidentiality of all information pertaining to the Company and the Organization obtained externally or internally during employment and refrain from divulging same to any third party.

Qualifications

• First Degree (BSc or HND).
• Microfinance experience is an added advantage
• Analytical Skills
• Good Negotiation Skills
• Knowledge of Microsoft Office
• Good written and Verbal communication skills
• Excellent organizational skills
• Very good, clear and concise writing skills
• Highly structured and creative
• Self-motivated, results oriented and problem solver.

Application Closing Date
15th April, 2023.